Prataap Snacks Limited — Important, 26-02-2025: General Updates

Buyers Authum Investment and Infrastructure Limited and Ms. Mahi Madhusudan Kela have acquired 1,13,48,582 equity shares (47.54% of the paid-up equity share capital) of Prataap Snacks Limited from Peak XV Partners Growth Investments II, Peak XV Partners Growth Investment Holdings I, and Sequoia Capital GFIV Mauritius Investments at ₹746 per share. Following this transaction, the Sellers no longer hold any equity shares in the company. This change in shareholding could influence management decisions and strategic direction, warranting attention from investors regarding potential shifts in corporate governance or operational strategy. Positive outlook possible as new stakeholders may bring in fresh perspectives.